Tilted Forum Project Discussion Community - View Single Post - The Fed and Interest Rates (Mortgage Questions)

kurty[B] · 09-21-2006, 08:32 AM

Thanks No-Soup, I figured there was much too much involved to really guess what the Fed is going to do.

Decided last night to kind of see what the weather does here. If the ground freezes before they can get the foundation in, then I'll lock in a rate (that would push finshing of the home back into later in the summer). If they are able to get the foundation in, then the home should be finished relatively early in the year, and we decided in that case not to lock in a rate. I'm sure more questions will be coming up.

09-21-2006, 08:32 AM	#3 (permalink)
kurty[B] Sauce Puppet	Thanks No-Soup, I figured there was much too much involved to really guess what the Fed is going to do. Decided last night to kind of see what the weather does here. If the ground freezes before they can get the foundation in, then I'll lock in a rate (that would push finshing of the home back into later in the summer). If they are able to get the foundation in, then the home should be finished relatively early in the year, and we decided in that case not to lock in a rate. I'm sure more questions will be coming up.